This is the 8331st most frequent Russian word.
мировой
"World" or "global"; also "excellent" or "superb" in informal usage.
The word "мировое" modifies "признание", meaning the recognition is worldwide.
Этот фильм получил мировое признание.
This movie received global recognition.
The word "мировую" modifies "славу", implying the fame spans across the globe.
Он имеет мировую славу за свои достижения.
He has worldwide fame for his achievements.
The word "мировая" modifies "экономика", indicating the scope is the entire world.